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, rupert murdoch's top lieutenant in the uk has been arrested on suspicion of corruption. earlier she resigned from her position as chief executive of news international. in the wake of the scandal rocking the murdoch empire. much more on this developing story later in the program. >>> casey anthony is a free woman this morning. she walked out of jail just after midnight, 12 days after she was acquitted of the murder of her daughter, caylee. anthony is met by jeering crowds and spirited off to parts unknown. and in tripoli, libya is rocked by explosions after a heavy round of nato bombing. it's been four months since nato launched attacks to force moammar gadhafi from power, still, he hangs on, defined as ever, still refusing to surrender. while earlier this week, the u.s. government recognized the group as libya's government. first we turn to the drama that has washington tied in knots, the battle raising the debt ceiling. no white house meeting that the president and congressional republicans retreated to their respective corner, but behind the scene, furious strategizing in a bid t
to the rupert murdoch crisis. >> oh, thank you. >> the prime minister of great britain has said that james murdoch has to come before parliament again and clarify statements. how serious an issue is this being taken at your network? >> well, it's -- you know, it's a story. we've been covering it a lot. thank god i cover wall street and i depth have to report on my boss, but, you know, here's the thing, and if you look at this from a purely business standpoint, you know, the market -- i think the stock fell to 13. 19 was the high. after rupert murdoch spoke, it went up to $17 a share. when they heard his explanation, they believed him. confidence was returning back. i watch a lot of corporate executives go before congress and similar panels and they flub it. you know, they lose confidence in the market and wall street and that did not happen this time. >> actually, you know, the coverage of the fox and "the wall street journal" of this story has been embarrassing for journalism. you know -- >> we've been covering it -- >> editorials inthe wall street journal." forget fox, nobody really expe
to crush them on the pages of his paper, until now. >> rupert murdoch is a talented businessman, possibly even a genius, but his organization has grown too powerful and they've abuse thad power. >> reporter: even britain's prime minister elected with murdock's help, scram manied to distance himself. >> we are no longer talking about politicians or celebrities. we're talking about murder victims, terror victims having their phones hacked into. it is absolululy disgusting. >> reporter: and there was more. paper hacked voice mails of the families of britain's soldiers killed in iraq and afghanistan. for celebrities that saw their cell phones illegally hackck and been exposed to people offal worlrl finally people wewere listening. actor hugh grant smoke out on the bbc. >> you didn't care who got hurt as long as you were able to sell your newspaper. >> reporter: that's paul mcmullin, for more than a decade, a reporter and editor at "the news of the world." >> would you stop at anything to get the story? you would do anything. >> even breaking the law? >> absolutely. >> reporter: we learned the
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